BEAMSTART Logo

Tracker Fund completes 25 years as Hong Kong lays foundation for thriving ETF market

SCMP LogoSCMP23h ago

Tracker Fund completes 25 years as Hong Kong lays foundation for thriving ETF market - SCMP

Quick Summary:

The Tracker Fund has mirrored the Hang Seng Index returns since inception, giving investors an indirect bet on a basket of benchmark stocks.

Paul Chan speaks at the 2024 Hong Kong Investment Promotion Conference – Shanghai Forum on November 5.“It has encouraged long-term investment via unit trusts, enhanced public’s understanding of ETFs and fostered greater public participation,” Chan added.“It laid the foundation for the thriving ETF sector we see today.

While assets have multiplied, so has market volatility and risks.


More Pictures

Tracker Fund completes 25 years as Hong Kong lays foundation for thriving ETF market - SCMP (Picture 1)

or

Article Details

Author / Journalist: Peggy Sito

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 17:45:19 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 226 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23549293

View Article Analysis

About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 16 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Tracker Fund completes 25 years as Hong Kong lays foundation for thriving ETF market" has 226 words across 8 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Tracker Fund completes 25 years as Hong Kong lays foundation for thriving ETF market" was covered 23 hours ago by SCMP, a news publisher based in Hong Kong.

How trustworthy is 'SCMP' news outlet?

SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 16 news stories per day.

It's most recent story was published 1 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23549293
  • URL: https://beamstart.com/news/tracker-fund-completes-25-years-17314048038631

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.